The CoinDesk Mining Roundup: Zoomhash, Cloud Hashing and Riggit V9 Mining Frame

The CoinDesk Mining Roundup: Zoomhash, Cloud Hashing and Riggit V9 Mining Frame

As difficulty and hash rates continue to rise, cryptocurrency mining offers the promise of spoils for those who persevere. Case in point is the story of Dave Carlson, who went from 30 GPU rigs to an advanced mining operation capable of making millions. It seems decentralized, math-based currencies are on the up, and increasing amounts of miners are hashing away, powering these globe-spanning payment networks. With this in mind, here's a look at the top mining stories that have surfaced since our last round-up. TREZOR public demo of wallet hardware. TREZOR Wallet. Source: BXB. Wallet....


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A bit of good news came from FinCEN recently, when it ruled that cloud mining services do not have to register as money transmitters. This is good news for consumers who wish to stay out of purchasing mining equipment for themselves and merely rent hashing power in some remote data centre - especially given the struggles that some manufacturers are having. On that subject, as the ASIC mining market is still in its early stages, it has created an environment where many vendors struggle with shipping on time. Logistical issues stemming from the creation of a new industry practically....

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I think Bitcoin may very well be the best form of money we’ve ever seen in the history of civilization.

Wences Casares, Technology Entrepreneur. Founder of Banco Lemon, the winner of Xbox game of the year